Credit Suisse says Swiss financial regulator ended review of remarks made by Chairman

Kitco Media
By Reuters
Published:
Updated:
Reuters
ZURICH, March 10 (Reuters) - Credit Suisse said late on Friday that it has been informed by the Swiss financial regulator that it has concluded its review regarding remarks made by Chairman Axel Lehmann on the bank's outflows in December.


"FINMA does not see any reason to open a regulatory proceeding," Credit Suisse said in a statement released after market close in Zurich. "The review by FINMA has therefore been concluded." (Reporting by Noele Illien, Editing by Louise Heavens)

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.